Trump Economy Smashes Expectations: Consumer Confidence Is The Highest In 19 Years

[The Purge]

Despite forecasts from leading economists predicting a recession, U.S. consumer confidence is currently at the highest levels in almost 19 years.



The Conference Board Consumer Confidence Index is at a steadfast high, slightly declining in August to 135.1 from 135.8 in July, according to the business research group, indicating U.S. workers and consumers are confident in their economic position.



After falling to 121.5 in June, the first time it dropped in three months, the index has basically been stagnant, said Lynn Franco, the senior director of economic indicators at the Conference Board.

The current 135.1 August reading compares to a 59.2 reading after the same two and a half years of the Obama administration. The Index plummeted to 40.9 in October 2011 and never rose above 103.8 for Obama.

(Excerpt) Read more at lauraloomer.us ...

But remember to vote for the party of INFANTICIDE because we want to go back to the malaise of the Surrender Monkeys fascist like economic dictatorship!

 

[Mac1958]

Consumer confidence is not the economy.

Consumer confidence and the economy are not directly correlated.

I can't believe I actually had to say that.
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[Zorro!]

Affordable Energy

What’s driving the low unemployment? Attitude and policy. President Donald Trump is not openly hostile to economic development and job creation. He cut taxes. He encourages growth and doesn’t scold creators by saying “You didn’t build that.” Trump has also encouraged U.S. energy development and that’s paying off. The United States is now the world’s top energy producer and a net petroleum exporter for the first time in about 70 years.

Wow!

Drive around any American town or city at night and behold the impact. The lights are on. Stores are open and they’re hiring. Gas prices don’t require you to take out a second mortgage to fill up your tank.